Praise for Be Smart, Act Fast, Get Rich “Charles Payne’s book is blunt, provocative, and right on the money. This book is a lot like Charles himself: insightful and to the point. If you have time to read only one book on how to make money . . . this is the book.” –Dr. Bob Froehlich, Chairman, Investor Strategy Committee Deutsche Asset Management, and Vice Chairman, DWS Scudder “Be Smart, Act Fast, Get Rich is a book for all investors from first-time stock buyers to season…
Buy Be Smart, Act Fast, Get Rich: Your Game Plan for Getting It Right in the Stock Market at Amazon
This book can teach the individual how to fish. Charles does not just feed the masses like the current guru with the usual “go long, go short, buy this call or this put of Xyz Company”. It is obvious that Mr. Payne had big dreams and followed those dreams from a youthful age. What is uncommon is that he has not forgotten where he came from. The book shows that he wants everyone to be able to capitalize on the American dream and has provided the road map.
If you are responsible for your own retirement and following the latest guru you recognize that you have to do something. If you are a new investor you also have decided that you have to do something different then survive on your 401(k) or 403(b).
Charles Payne’s just does not tell you how to do it. He has the experience and background of doing it. He walks you through the details. He has put his own money and name on the line to help everyday people get into enjoying his or her own dreams by using the American capitalist system.
Whether you are looking to go it alone or need advanced knowledge to take care of your own investment strategies this is the book for you. .
This book covers some little known rule structures which would be helpful
to novice and intermediate-level investors. For instance, net income is
a function of pricing, volume changes, currency changes and acquired sales.
In addition, it is critical to do the fundamental analysis and study
important financial releases by the company. Management’s mission is to
grow the top line, expand profit margins and monitor absolute trends.
The analysis of moving averages provides an important road map.
Key ticker tape components are price movements, changes in volume and
options activity. Government internet reporting services can be important
predictors about trends. i.e. bea.gov for government statistics and
bls.gov for payroll data.
The most important investment rule is to do the fundamental investment
analysis prior to pluncking down large sums of money. Sometimes,
unwary investors pick up market tips and act upon them without doing
their homework on individual stocks. If this is you, stop what you’re
doing and read this book or get into a high quality mutual fund with
at least 5 years or more of double digit growth in the market.
This book is a goldmine for someone unaware as to the vagaries of the
stock market. Another good source of information is SEC filings because
these documents provide much comparative industrial data and trends
not always contained in the financial statements.
I found Charles to be thoughtful and incredibly knowledgeable. I believe his book is a must have. My significant other and I have wanted to invest for quite some time but we didn’t know where to start. Charles’s ability to demystify the market was brilliant – we finally got it!
“Be Smart, Act Fast, Get Rich” is not a one time read. It’s a guide book! Read it over and over….
Charles is speaking to the masses in his book – we are in the market whether we realize it or not. It’s time that WE, the 9-5’ers, the stay at home mom’s, the blue collar workers take an interest in our economy. Don’t miss out!